The above schemes offer tax incentives to invest in high risk companies to encourage enterprise. The EIS scheme enables an investor to claim income tax relief at 30 per cent on investment of up to £1m and capital gains tax disposal relief. Capital gains tax deferral relief is also available on a share subscription in a qualifying company.
The SEIS scheme is aimed at start up companies seeking lower levels of investment but offer the investor income tax relief at 50 per cent on an investment of up to £100k.
We can advise investors and companies seeking finance under the above schemes.
The Venture Capital Trust Scheme offers investors income tax relief and exemptions on dividends received and disposal of the shares.